The Investment Council, a link between the government and business since it was created in 2015, has made hundreds of recommendations for improvements in legislation or procedures, but not all recommendations have been implemented.
The 2022 monitoring report takes stock of the recommendations that have been taken into account and concrete steps have been taken to make improvements, as well as those that have been neglected.
In total, during these years, the Council has given 295 recommendations, of which 36 are only in 2022. In the list of institutions that seem to be more passive in reflecting the recommendations, there are at least two that stand out.
"There are currently 117 unfulfilled recommendations. Among the institutions that have the greatest weight in the implementation of unfulfilled recommendations and among the most passive in returning answers are: 1) Ministry of Tourism and Environment - 14 recommendations (ii) State Cadastre Agency - 16 recommendations," the report states.
The first according to the topic "investment potential and priority sectors" holds the highest number of unfulfilled recommendations enriched by the legal security of property and then the promotion of investments in agro-processing.
The Monitoring Report of the Investment Council notes that in terms of sector, 58% of the total recommendations deal with issues related to all business sectors. While the other recommendations addressed to specific sectors, show that the largest weight, about 22% of the total recommendations, is occupied by the proposals for intervention in the sectors addressed several times in the KI: Tourism (8%), Agriculture, including Agro-processing (14%).
"The main focus of these recommendations, as emphasized in previous years, is related to: (i) Increasing the level of formalization of the sectors; (ii) Incentives for strengthening sectors; (iii) Legal interventions that would facilitate the businesses of these sectors; (iv) Undertaking incentives in order to increase the added value of investments in the Agro-processing sector.
A weight of 6% is occupied by the recommendations given in terms of improving the functionality of the e-Permits electronic platform. Also, the BPO sector, which during the last two years has undergone many changes in terms of its formalization and structuring, constitutes 6% of the total recommendations", the report assesses.
Specifically for the year 2022, during the three meetings that were held, the IC Secretariat prepared and presented 21 new recommendations. The proposed recommendations were mainly focused on: (i) the necessary interventions to improve public consultation as an effective tool for decision-making and dialogue between business and public institutions, (ii) concrete measures to be taken on the urgent problem of the lack of manpower and the qualification of her./Monitor